Statement Regarding the 2018 Farm Bill From Pieter Sikkel, President, CEO & Chairman of the Board Pyxus International, Inc.
PYXUS INTL INC (PYX)
Company Research
Source: PR Newswire
MORRISVILLE, N.C., Dec. 20, 2018 /PRNewswire/ -- "We applaud the passage of the 2018 Farm Bill, which was signed into law today by the President. The permanent removal of hemp from the Controlled Substances Act, deeming it an agricultural commodity, is a win for all – farmers, consumers and businesses. As a result of this legislation, federally-regulated institutions, including banks and credit card companies, may freely conduct business with the hemp industry. Furthermore, it gives farmers access to crop insurance and USDA programs and grants, which are critical to helping farmers and their communities thrive. "Industrial hemp presents a tremendous – and long overdue – economic opportunity for the American farmer, and for the last several years, Pyxus International has been proudly working with elected officials to help make it a reality. Our gratitude particularly extends to the entire North Carolina U.S. congressional delegation, including House Agriculture Committee members Alma A
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